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there is a noise exception right now, though as we welcome president obama and governor romney. [ cheers and applause ] >> jim. >> gentlemen, welcome to you both. let's start the economy segment 1, and let's begin with jobs. what are the major differences between the two of you about creating new jobs? you have two minutes -- each of you have two minutes to start. a coin toss has been determined mr. president you go first. >> obama: thank you very much for this opportunity. i want to thank governor romney and the university of colorado for your hospitality. 20 years ago i became the luckiest man on earth because michelle obama agreed to a marry me. so i just want to wish sweety you happy anniversary, and let you know a year from now we will not be celebrating it in front of 40 million people. [ laughter ] >> obama: four years ago we went through the worst financial crisis since the great depression. millions of jobs were lost the auto industry was on the brink of collapse the financial system has frozen up and because of the resilience and determination of the american people we have beg
there is a noise exception right now, though as we welcome president obama and governor romney. [ cheers and applause ] >> jim. >> gentlemen, welcome to you both. let's start the economy segment 1, and let's begin with jobs. what are the major differences between the two of you about creating new jobs? you have two minutes -- each of you have two minutes to start. a coin toss has been determined mr. president you go first. >> obama: thank you very much for this opportunity. i...
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so romney was right. but on medicaid, where romney said it wasn't wouldn't be a cut twould be inflation plus 1% and obama said it would be a 30% cut. there was an independent study by bloomberg. they say that romney's medicaid proposal, $1.26 trillion loss in medicaid over 10 years under the romney plan. so there were facts and some loose arguing of the facts am but an interesting debate. i am not sure a game changer, but a good night for romney, a little less so for the president. >> thank you. bret, at the beginning of the show, you were jealous of me because i was with the action and now you are with the action. >> yes. chris wallace has good analysis and he can pick good times. coming up, charles krauthammer on who came out on top. he joins us after this break. you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so
so romney was right. but on medicaid, where romney said it wasn't wouldn't be a cut twould be inflation plus 1% and obama said it would be a 30% cut. there was an independent study by bloomberg. they say that romney's medicaid proposal, $1.26 trillion loss in medicaid over 10 years under the romney plan. so there were facts and some loose arguing of the facts am but an interesting debate. i am not sure a game changer, but a good night for romney, a little less so for the president. >>...
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there's enormous pressure on president obama and governor romney right now. we're asking debate watchers, those who watched the debate to the history books. tonight, just like we will after every upcoming debate, we're breaking it down, issue by issue. this means more talk from the candidate on a particular topic. looking at some of the totals, we'll show you what's going on. but, first, here are some of the highlights from the first presidential debate. >> what things would i cut from spending? first of all, i will eliminate all programs by this test. if they don't pass it. is the program so critical, it's worth boring money from china to pay for it? obama care is on my list. i apologize mr. president. jim, i'm sorry, i had stop the subsidy to pbs. i love big bird, like you too. but i won't keep on spending money to borrow money from china to pay for. i'll take programs that are currently good programs but could be run more efficiently at the state level and send them to state. and make government more efficient, cut back the number of employees, combine age
there's enormous pressure on president obama and governor romney right now. we're asking debate watchers, those who watched the debate to the history books. tonight, just like we will after every upcoming debate, we're breaking it down, issue by issue. this means more talk from the candidate on a particular topic. looking at some of the totals, we'll show you what's going on. but, first, here are some of the highlights from the first presidential debate. >> what things would i cut from...
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, what is the difference -- romney: but i -- right, right. >> moderator: let's just stay on taxes for a moment. romney: virtually everything he said about hi many tax plan is inaccurate. if i was asked to support it, i'd say absolutely not. i'm not looking for a $5 trillion tax cut. what identify said is i won't put in place a tax cut that adds to the deficit. that's part one. so there's no economist can say mitt romney's tax plan adds $5 trillion if i say i will not add to the deficit with my tax plan. number two, i will not reduce the share paid by high-income individuals. i know you and your running mate keep saying that, but it's just not the case. look, i've got five boys. i'm used to people saying something that's not always true but just keep on repeating it and ultimately hoping i'll believe it. [laughter] that is not the case. i will not reduce the taxes paid by high-income americans. and number three, i will not under any circumstances raise taxes on middle income families. i will lower taxes on middle income families. now, you cite a study. there's six other studies that lo
, what is the difference -- romney: but i -- right, right. >> moderator: let's just stay on taxes for a moment. romney: virtually everything he said about hi many tax plan is inaccurate. if i was asked to support it, i'd say absolutely not. i'm not looking for a $5 trillion tax cut. what identify said is i won't put in place a tax cut that adds to the deficit. that's part one. so there's no economist can say mitt romney's tax plan adds $5 trillion if i say i will not add to the deficit...
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(applause) >> romney's right. you guys are like the 47% who are depending on the government to deport people. is that why you like obama because obama has supported a ton of you people. -- deport add ton of you people. >> well, president barack obama has deported more immigrants than any president in the history of the united states. >> stephen: so you get a free ride to the border. (laughter) >> what i would say is immigrants contribute much more to this country than what people might think. undocumented immigrants pay taxes and do the jobs-- >> they are criminals, they're illegals. they broke the law. you know the law? they broke the law. if you break the law you're a criminal, jorge. >> at the same time there are millions of americans who benefit from their work and thousands of american companies who hire them. and we don't call them illegal so we have to talk about co-responsibility. they are here because we benefit from the work. (applause) >> stephen: i don't have a comeback for that so they'll edit it out
(applause) >> romney's right. you guys are like the 47% who are depending on the government to deport people. is that why you like obama because obama has supported a ton of you people. -- deport add ton of you people. >> well, president barack obama has deported more immigrants than any president in the history of the united states. >> stephen: so you get a free ride to the border. (laughter) >> what i would say is immigrants contribute much more to this country than...
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i think you're right, certainly i think that plitt romney will be very claesed with the night. you look at the twitter verse, some democrats think the president seemed a little listless here. certainly when you think about it, mitt romney needed to come in here and make an impression. we'll see in the days ahead whether he did. but certainly i can assure you in the spin room right now, republicans are making the case that he did, in fact, make that impression. anderson. >> no doubt about that. reaction already pouring in. and we'll be taking the temperature of a lot of different groups over the next hour and a half. we have our analyst and reporters and cnn contributors. a quick reading right now. john king, david gergen. >> look at e-mails, conversations during the debate. twitterverse, republicans very happy, including the top team around mitt romney. liberals complaining about the president's performance. without a doubt, participating in republican primary debates helped mitt romney, the president was rusty. hasn't done this in four years. that's not an excuse as james said
i think you're right, certainly i think that plitt romney will be very claesed with the night. you look at the twitter verse, some democrats think the president seemed a little listless here. certainly when you think about it, mitt romney needed to come in here and make an impression. we'll see in the days ahead whether he did. but certainly i can assure you in the spin room right now, republicans are making the case that he did, in fact, make that impression. anderson. >> no doubt about...
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right now we're rooting for mitt romney. should mitt romney become president of the united states, watch out. conservatives are watching him very closely. but for now he's their only horse and they got to ride him. >> so many of them don't like -- they hate the president of the united states, so they're willing to stomach some of the more moderate positions. >> absolutely. don't forget, for many of them mitt romney was not their first choice. but right now he's their only choice unless it's president obama. and given that, they'll take mitt romney. >> gloria borger, thanks very much for joining us. jack welsh, former head of general electric calls the new unemployment rate unbelievable. thinks the numbers were manipulated. you're going to hear what the former white house chief economist is saying about that. here's just part of what he has to say. >> jack, i love you, but on this one you've just flat out lost your mind. everyone has goals. take the steps to reach yours, with us with real advice, for real goals. the us bank w
right now we're rooting for mitt romney. should mitt romney become president of the united states, watch out. conservatives are watching him very closely. but for now he's their only horse and they got to ride him. >> so many of them don't like -- they hate the president of the united states, so they're willing to stomach some of the more moderate positions. >> absolutely. don't forget, for many of them mitt romney was not their first choice. but right now he's their only choice...
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10/12
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there is a noise exception right now, though, as we welcome president obama... and governor romney. [cheers and applause] >> reporter: gentlemen, welcome to you both. >> gentlemen, welcome to you both. let's start the economy, seth one and let's begin with jobs. what are the major differences between the two of you about how you you go about creating new jobs?w you have two minutes. each have two minutes to start. a coin toss has determined, mr. president, you go first. >> thank you very much, jim, yu for this opportunity. i want to thank governor romnek and university of denver for your are hospitality. there are lot of points i wantr to make tonight but the most important one is that 20 years ago i became the luckiest man on earth because michelle obamt agreed to mary me and i just want to wish sweety, you happyd anniversary and let you know that a year from now we will not be celebrating it in front of 40 million people. people. four years ago, we went through the worst financial crisis since the great depression. millions of jobs were lost. the auto industry was on the brink of
there is a noise exception right now, though, as we welcome president obama... and governor romney. [cheers and applause] >> reporter: gentlemen, welcome to you both. >> gentlemen, welcome to you both. let's start the economy, seth one and let's begin with jobs. what are the major differences between the two of you about how you you go about creating new jobs?w you have two minutes. each have two minutes to start. a coin toss has determined, mr. president, you go first. >>...
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that's why they won't do it, right? romney won't tell us what he's getting rid of it because if he's getting rid of it, he's killing charitable organizations that need the money from charity. you start capping that, start messing around with people's mortgages, the one thing they need to build up some capital and personal worth. you mess with state and local. are you supposed to move if you live in new york or a high tax state like massachusetts, you're supposed to move because romney got elected? >> listen, his tax cut plan is going to slam about 68% of the american people, not 47% of the american people. he can't provide real details. you could close every single loophole that benefits the wealthy and just close it for the wealthy and it wouldn't pay for a fraction of the tax cut he's giving the wealthy. >> because they're still getting ahead. >> reducing capital gains to zero which means romney would pay virtually zero taxes. he's going to come back and say i want to work this out with the congress. well, i just don'
that's why they won't do it, right? romney won't tell us what he's getting rid of it because if he's getting rid of it, he's killing charitable organizations that need the money from charity. you start capping that, start messing around with people's mortgages, the one thing they need to build up some capital and personal worth. you mess with state and local. are you supposed to move if you live in new york or a high tax state like massachusetts, you're supposed to move because romney got...
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last night's opening statements set the tone for the debate and mitt romney came right out of the gate with, get this, a joke. let's watch. >> 20 years ago i became the luckiest man on earth because michelle obama agreed to marry me, and so i just want to wish, sweetie, you happy anniversary and let you know that a year from now we will not be celebrating it in front of 40 million people. >> congratulations to you, mr. president, on your anniversary. i'm sure this was the most ro n romantic place you could imagine here with me. congratulations. >> that was, i hate to say it, charming. >> yeah. >> james. >> yeah. >> where did that come from? >> it came from mitt romney. he's rather notorious for telling nox that go over lie lead balloons. this did not. he finally found his groove as far as a comedian is concerned. at least for that moment. >> let's talk about the president. he was the one i think that was the base of most consternation. you know, he was looking down a lot. did he know and what did you think about the fact of that split screen? there we are watching it now. we never didn
last night's opening statements set the tone for the debate and mitt romney came right out of the gate with, get this, a joke. let's watch. >> 20 years ago i became the luckiest man on earth because michelle obama agreed to marry me, and so i just want to wish, sweetie, you happy anniversary and let you know that a year from now we will not be celebrating it in front of 40 million people. >> congratulations to you, mr. president, on your anniversary. i'm sure this was the most ro n...
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romney is up right. >> here barack obama is dropping his focus. he's beginning to drop away from mitt romney. and here he comes down to his paper. >> reporter: she says president obama dropped his posture often, especially late in the debate. that was a signal to many viewers that romney got the better of him. brian todd, cnn, washington. >>> a sharp drop in the jobless rate. what does it mean for president obama and the economy? that's the power of human resources. the society... for human resource management and its members know... how to harness that power, because we help develop it. from the next economy, to the next generation, we help get... the most out of business, by getting the best out of people. shrm. leading people, leading organizations. >>> it's not an october surprise, but certainly some welcome news for the obama white house, waging what has been an uphill battle against unemployment. this week the labor department reported the jobless rate fell sharply in september to 7.8%. that's the same level it was when president obama took
romney is up right. >> here barack obama is dropping his focus. he's beginning to drop away from mitt romney. and here he comes down to his paper. >> reporter: she says president obama dropped his posture often, especially late in the debate. that was a signal to many viewers that romney got the better of him. brian todd, cnn, washington. >>> a sharp drop in the jobless rate. what does it mean for president obama and the economy? that's the power of human resources. the...
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romney continues to be on the defense. romney was testy. >> they did not mention the 47%. >> that was not a deliberate decision from the romney campaign -- from the obama campaign not to mention that. what is important is you are sitting on your couch in denver or des moines or charlotte and listening to the clear difference between the two candidates and that's what you got tonight and that's what will be good for the president. >> [indiscernible] >> i think we have continued to lay out a clear vision on how to move this country fort. >> what will the schedule before the republicans? and what about ohio? >> we feel great about ohio. be aalways going to battleground state. we will continue to go there. i think that will be difficult for romney. >> he supports medicare vouchers. he thinks we can add $7 trillion to the debt before we even get to our debt problem that now exists. i think people are smarter. i think governor romney plays the american people cheap. i think his problems were clear. >> [inaudible] -- drone strike
romney continues to be on the defense. romney was testy. >> they did not mention the 47%. >> that was not a deliberate decision from the romney campaign -- from the obama campaign not to mention that. what is important is you are sitting on your couch in denver or des moines or charlotte and listening to the clear difference between the two candidates and that's what you got tonight and that's what will be good for the president. >> [indiscernible] >> i think we have...
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there is a noise exception right now, though, as we welcome president obama and governor romney. [cheees and applause] >> dimon, welcome to you both. -- gentlemen, welcome to you both. let's begin with jobs. what are the major differences between the two of you about how you would go about creating jobs? each of you have two minutes to start big the coisn tos has determined that the president will go first. >> thank you very much, jim, for this opportunity. i want to thank you for your hospitality. there are a lot of. i want to make tonight, but the most important one is that 20 years ago, i became the luckiest man on earth, because michelle obama agreed to marry me. i just want to wish you a happy anniversary and let you know that a year from now, we will not be celebrating it in front of 40 million people. four years ago, we went through the worst financial crisis since the great depression. the auto industry was on the brink of collapse. the financial system -- because of its resilience and the determination of the american people, we have begun to fight our way back. the auto
there is a noise exception right now, though, as we welcome president obama and governor romney. [cheees and applause] >> dimon, welcome to you both. -- gentlemen, welcome to you both. let's begin with jobs. what are the major differences between the two of you about how you would go about creating jobs? each of you have two minutes to start big the coisn tos has determined that the president will go first. >> thank you very much, jim, for this opportunity. i want to thank you for...
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they think obama has a bedder idea than romney right now, and they like obama more than they like romney. it's about an 8% difference. >> that is something we will watch tonight, and you saw the governor's optimistic take there for the president. governor romney needs to change that. >> is it true that those who are still undecided normally break for the challenger because they don't know the challenger as well as opposed to the incumbent. everybody knows the president of the united states. the undecided at this late moment might break for romney? >> yes, that is a possibility. we might have the first election since just a few elections ago that the popular vote goes to the person that loses. these targeted battleground states looks like obama will carry the day, but he may not win the popular vote. >> that would be this election you're talking about. >> this one, 48-48. >> you know how that one turned out. we had to wait awhile. >> let us hope the supreme court does not decide this election. >> guys, thanks very much. it's not just the words that often matter on debate night, body langu
they think obama has a bedder idea than romney right now, and they like obama more than they like romney. it's about an 8% difference. >> that is something we will watch tonight, and you saw the governor's optimistic take there for the president. governor romney needs to change that. >> is it true that those who are still undecided normally break for the challenger because they don't know the challenger as well as opposed to the incumbent. everybody knows the president of the united...
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he's ridiculing mitt romney right now. let's listen in. >> don't want what he's been selling over the last year. governor romney may dance around his positions. he may do a tap dance and a two-step, but if you want to be president, then you owe the american people the truth. so here's the truth. governor romney cannot pay for his $5 trillion tax plan without blowing up the deficit or sticking it to the middle class. we can't afford to go down that road again. we can't afford another round of budget busting tax cuts for the wealthy. we can't afford to gut our investments in education or clean energy or research or technology. we can't afford to roll back regulations on wall street banks or oil companies or insurance companies. we can't afford to double down on the same topdown economic policies that got us into this mess. that is not a jobs plan. it's not a plan for our economy. it's not a plan to strengthened middle class. it is not change. it is a relapse. and we're not going to do it. we have been there. we have tried th
he's ridiculing mitt romney right now. let's listen in. >> don't want what he's been selling over the last year. governor romney may dance around his positions. he may do a tap dance and a two-step, but if you want to be president, then you owe the american people the truth. so here's the truth. governor romney cannot pay for his $5 trillion tax plan without blowing up the deficit or sticking it to the middle class. we can't afford to go down that road again. we can't afford another round...
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on wednesday night and that's what he's going to give us. >> this is the ballgame for mitt romney right any because if he doesn't do well at the debate it will be very hard for him to get back in it. >> meanwhile president obama is reportedly hold up in this nevada resort preparing to confront romney. >> what the president will have to do early on is to jump start this the way you would do a jump ball and make sure that mitt romney never gets the ball back. >> if the election were held today, an associated press poll shows mr. obama well within reach of the 270 electoral votes needed for a win with ohio and iowa now among the states he would carry. romney would need to quickly gain the upper hand in nearly all of the nine states where he and the president are competing the hardest. >>> you can see the first debate between mitt romney and president obama right here on abc7. abc news, your voice, your vote. live debate coverage begins at 6:00 p.m. this wednesday. the u.s. supreme court will begin their new term tomorrow and the justices may weigh in on proposition 8. just as clarence thom
on wednesday night and that's what he's going to give us. >> this is the ballgame for mitt romney right any because if he doesn't do well at the debate it will be very hard for him to get back in it. >> meanwhile president obama is reportedly hold up in this nevada resort preparing to confront romney. >> what the president will have to do early on is to jump start this the way you would do a jump ball and make sure that mitt romney never gets the ball back. >> if the...
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president barack obama, governor mitt romney are standing by in the wings right now and jofgeor it is hard to imagine the pressure on them. as many of 60 million of us could be watching tonight. >> first of three debates. and the first debates almost always help the challenger. mitt romney needs it. it's a tight race, he's behind. >> and tonight, to cover it all, our team, inside the debate hall. and keeping watch in our fact check desk, and also, with us right here in the studio, the insiders from both parties, ready to weigh in on who woman and the big moments we'll remember tomorrow. >> the moderator tonight, jim lehrer from pbs. he's moderat 12 debates, more than anybody else. here he is right now. >> good evening, from the magnus arena at the university of denver in denver, colorado. i'm jim lehrer of the pbs news hour and i welcome you to the first of the 2012 presidential debates, between president barack obama, the democratic nominee, and former massachusetts governor mitt romney, the republican nominee. this debate, and the next three, two presidential, one vice presidential,
president barack obama, governor mitt romney are standing by in the wings right now and jofgeor it is hard to imagine the pressure on them. as many of 60 million of us could be watching tonight. >> first of three debates. and the first debates almost always help the challenger. mitt romney needs it. it's a tight race, he's behind. >> and tonight, to cover it all, our team, inside the debate hall. and keeping watch in our fact check desk, and also, with us right here in the studio,...
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. >> right. the value of the dollar is falling considerably under president obama because of all the money printing he's done. >> the money printing that ben bernanke has done. >> supporting the treasury and borrowing by obama. what romney understands, david, and president obama is clueless about, there's a big difference between tax credits and tax rates. cutting tax rates gives you incentive to invest in plant and equipment which then allows you to hire people, because you're going to get to keep an extra amount of money on each dollar of profit you make. cutting tax credits does not hurt incentive, because tax credits are temporary and does not encourage investment. >> steve, i want to keep it on the simplification, because that's success i can identify with. i haven't my own taxes in a long time. the reason is, because it's just too complex. i'm not a small business. if i was a small business, i'd have to do devote hundreds of hours of time, a lot of money, to figuring the thing out. >> that'
. >> right. the value of the dollar is falling considerably under president obama because of all the money printing he's done. >> the money printing that ben bernanke has done. >> supporting the treasury and borrowing by obama. what romney understands, david, and president obama is clueless about, there's a big difference between tax credits and tax rates. cutting tax rates gives you incentive to invest in plant and equipment which then allows you to hire people, because...
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and hard pressed states right now can't all do that. we've seen layoffs of hundreds of thousands of teachers over the last few years, and governor romney doesn't think we need more teachers. i do. i think that is the kin of investment where the federal government can help. it can't do it all. but it can make a difference, and as a consequence, we'll have a better trained workforce and that will create jobs, because companies want to locate in places where we have a skilled workforce. >> two minutes, governor. >> massachusetts, our schools are ranked number one in all 50 states. the key to great schools is great teachers. every school district, every state, should make that decision on their own. the role of government, look behind us. the constitution and declaration of independence. the role of government is to promote and protect the principles of those documents. first, life and liberty. we have a responsibility to protect the lives and liberties of our people. that means the military second to none. i don't believe in cutting our mi
and hard pressed states right now can't all do that. we've seen layoffs of hundreds of thousands of teachers over the last few years, and governor romney doesn't think we need more teachers. i do. i think that is the kin of investment where the federal government can help. it can't do it all. but it can make a difference, and as a consequence, we'll have a better trained workforce and that will create jobs, because companies want to locate in places where we have a skilled workforce. >>...
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so rich people pay less under romney and more under obama. that is the ultimate answer, right? >> the ultimate answer is if either one get their proposals through. and one of the way our economy grows is if rich people have more money, they hire more people. you should not raise taxes when the economy is in trouble. our economy is in more trouble today. the growth rate last week was a pathetic at 1. 2%. >> very much for your time tonight. >> thank you. >> we finally get to the issue that rich people need the money because they create the jobs. i want to bring in ed and al and steve and chris back into this discussion. i want to bring back chris matthews in denver in terms of hearing the republican spin on this. seeing what seems to be real democratic frustration on this. we're hearing already in terms of the different responses. the romney side is proclaiming victory. the obama campaign does not seem to be doing that. chris? >> when you read "the new york times" tomorrow, you'll see a side bar, strong night for romney. i think it's an objective -- it may be theater, but this is
so rich people pay less under romney and more under obama. that is the ultimate answer, right? >> the ultimate answer is if either one get their proposals through. and one of the way our economy grows is if rich people have more money, they hire more people. you should not raise taxes when the economy is in trouble. our economy is in more trouble today. the growth rate last week was a pathetic at 1. 2%. >> very much for your time tonight. >> thank you. >> we finally get...